Can I do a 500BTC one-time donation without membership ?
I guess, I'll collect it when the donation to the CCC is due. On the other hand, we got our sixth members. 30 bitcoins in the treasury, that mean 15 BTC! Every 2 weeks, we collect 5 bitcoins or so. So the treasury will be growing, growing, and growing....and so will the fund for the CCC. |
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The perfect solution?
RSS.
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I got liqpay to work finally so we will be using that. I should have it hooked up tuesday.
It seems like we will be going from bad to worse. LiqPay's forum went off - but when it was on, it also showed the recurring theme of people's funds being stucked for 180 days, people only being able to withdraw to Visa, support not being helpful, etc. etc. Do you want to send your money to Russia/Ukraine? CurrencyFair based in Ireland, http://www.currencyfair.com/ , seems legit enough to trust your funds with. Oh dear, on top of a paypal-like behaviors, we're going to wait until Tuesday? When Mt. Gox will recover its full glory? |
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25 bitcoins in the treasury. 12.5 BTC to the CCC. 5 members!
MOAR MEMBERS!
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He proposed dollars as an explanatory mechanism for why the bitcoin economy simply doesn't implode.
I submit to you that investment in the bitcoin economy is paid for in other currencies (eg dollars), not in bitcoins. Given that, the strength of the bitcoin economy has nothing to do with the availability of money for investment. And indeed a growth in value for bitcoins should drive investment in bitcoins, which leads to what you've observed.
I don't know. The computer industry doesn't seem to be imploding. Investment in semiconductor fabrication plants are becoming more expensive why the products are in deflationary sprial.(Perhaps that is not a good example since fabrication plant investment cost are offset by inflations?)
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Hmm, I guess I could put bitcoins loan as part of being with the Bitcoin Mutual Aid Association.
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You have nailed it brilliantly (and expressed it better than I did  ). If the BTC team needs some business / marketing, strategic help I will be available. I created the Bitcoin Mutual Aid Association for the purpose of promoting bitcoins as well to build social solidarity. We only have 3 members. And I'm a member. Perhaps a link will bring more people over: http://fivegrinder.com/group/Bitcoin%20Mutual%20Aid%20Association#mainAnd we got a member already! |
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So, is anybody going to critque my writing or join the BMAA?  Looks fine to me, I say take point and ship it. We still need donations to the CCC. |
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You have nailed it brilliantly (and expressed it better than I did ). If the BTC team needs some business / marketing, strategic help I will be available. I created the Bitcoin Mutual Aid Association for the purpose of promoting bitcoins as well to build social solidarity. We only have 3 members. |
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creighto: Thank you for advancing my economic knowledge. That was helpful.
I already incorporated time preference and the observation that the bitcoin economy is experiencing growth deflation.
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Are you going to hire a proper web designer? It sure look ugly.
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The bitcoin community's overall investment seem to be increasing not stagnating. Bad argument. 7200 BTC are created daily. Continuous price deflation? |
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Is it possible to know when I will get newly minted bitcoins from my processing? I've been generating for a few weeks now and haven't seen any. Does everyone get new bitcoins at once?
I believe you could get an accurate probability of when you're going to get bitcoins. However, it is mostly a random process. You might not get bitcoins for 4 weeks, or get 2 in a row. Who knows? |
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http://news.ycombinator.com/item?id=1794532I'm sorry, but this statement alone convinces me that there are important facts about economics which you do not understand. Deflation, among many other things, discourages investment. Without investment, economies stagnate. -btilly on Hacker News. I feel cognitive dissonance. The bitcoin community's overall investment seem to be increasing not stagnating. I also know the computer industry is spending lot of money on their factories and plants while the price of computers continue to lower.
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What if you could contribute spare CPU cycles to do useful work and then getting paid for bitcoins?
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So, is anybody going to critque my writing or join the BMAA? |
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Though we know that you are working in your spare time to add payment processors, the patience of traders are, nonetheless, wearing thin.
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Kiba -
I'm definitely interested in creating some more formal organizations utilizing both btc and the values/principles common to most bitcoiners. In fact I'm half way through detailing exactly how we could create some for-profit, member owned companies. If you like, I'll loop you in as I work on it
But would you be willing to join the Bitcoin Mutual Aid Association? |
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